BANGKOK: Thailand’s exports rose year-on-year for the sixth consecutive month in January and at a faster pace and more than expected, and the commerce ministry said shipments should continue to increase in the first quarter.
Customs-based exports climbed 10% in January from a year earlier, compared with a forecast rise of 8.8% year-on-year in a Reuters poll, and followed December’s 4.7% annual rise.
January exports dipped 0.6% from the previous month, however.
The year-on-year export growth, which was the highest rate since June 2022’s 11.7% annual increase, was helped by improved global demand and a low base last year, the ministry said, adding uncertainties from geopolitical issues could pose trade challenges in the future.
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